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Finance

Finance

Sterling firms heading into busy week of central bank decisions

Bermuda Broadcasting Newsdesk -
Sterling rose to its highest level against the dollar since early July before paring gains International News via Reuters: Sterling gained against the dollar and the...
Finance

ECB’s Nagel says further rate cuts would threaten price stability

Bermuda Broadcasting Newsdesk -
The European Central Bank (ECB) left interest rates unchanged on Thursday International News via Reuters: Further interest rate cuts could jeopardise hard-won price stability as the...
Finance

London stocks set for weekly gains; investors assess key economic data

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 advanced 0.3% by 0935 GMT, and was set for its second straight weekly gain International News via Reuters: London shares were mixed...
Finance

UK public’s long-term inflation expectations rise to highest since 2019

Bermuda Broadcasting Newsdesk -
The measure of longer-term public inflation expectations increased from 3.6% in May International News via Reuters: The British public's expectation for inflation in around five years'...
Finance

Sterling slips as economy stagnates; eyes on BoE

Bermuda Broadcasting Newsdesk -
UK gross domestic product remained unchanged in July after growing 0.4% in June International News via Reuters: The British pound dropped against the dollar on Friday...
Finance

ECB governors eye December as next chance for any cut, sources

Bermuda Broadcasting Newsdesk -
The ECB left rates unchanged on Thursday and maintained an upbeat view on growth and inflation, dampening expectations for any further cut in borrowing...
Finance

Investors retreat as shares in bitcoin buyers decline

Bermuda Broadcasting Newsdesk -
These so-called digital asset treasury companies sell shares or issue debt to raise cash for buying crypto held on their balance sheets International News via...
Finance

Sterling slips as traders await US inflation print

Bermuda Broadcasting Newsdesk -
Sterling has come back from has a one-month low hit in early September International News via Reuters: The pound fell against a broadly stronger dollar on...
Finance

London stocks rise as investors assess corporate earnings, await US inflation data

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 advanced 0.4% by 0956 GMT, while the domestically focussed mid-cap index also added 0.4% International News via Reuters: London stocks rose on...
Finance

Barclays lifts 2025 S&P 500 target for second time in three months

Bermuda Broadcasting Newsdesk -
The British brokerage joins a growing list of global research firms that have raised targets on the benchmark index, including Citigroup and HSBC International News...
Finance

European shares rise, led by Zara owner Inditex, Novo Nordisk

Bermuda Broadcasting Newsdesk -
Retailers led sectoral gains with a 2.6% jump, as Inditex climbed 7% after the company said sales had picked up between August 1 and...
Finance

Sterling firms as Fed cut bets weigh on dollar, political worries bog down euro

Bermuda Broadcasting Newsdesk -
Sterling was up 0.3% at $1.3585, hovering near its strongest level since mid-August International News via Reuters: Sterling gained against the dollar and the euro on...
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